Bitcoin extends losses, down more than 20% to below $6,300


17 May 2019, 07:44

bitcoin 773x435_bitcoin-extends-losses-down-more-than-20-percent-to-below-6300

The price of bitcoin sank almost 20% on Friday, an abrupt move after a strong recovery in the crypto-currency in recent weeks that took it to 10-month highs.

Bitcoin fell to as low as $6,178 (4,831 pounds) at Bitstamp exchange, down 21.6% from the previous close and last stood down 7.8% at $7,266.

Flight Tickets